Posts Tagged "power of attorney abuse NC"

How to look for POA abuse signs? For starters know the Fraud Triangle. The Fraud Triangle is 1) Opportunity, 2) Pressure, 3) Rationalization. Other terms include: Perceived Opportunity, Perceived Pressure, and Rationalization. What does that mean when you are considering appointing someone as your Attorney-in-Fact or Power of Attorney agent? If your agent fits one of these three sides of the triangle, then they are likely not fit to serve as the agent of your assets. Perceived Opportunity: This is the ability to execute a plan without being caught. For instance there is no one that the POA...

NC Fiduciary Litigation Attorney, Kirk Sanders, victory on behalf of his octogenarian client made NC Lawyers Weekly’s Top 25 Verdicts & Settlements for 2015. NC Lawyers Weekly Top 25 Verdicts & Settlements of 2015 This was a case where an octogenarian’s child wiped out all his accounts, valued at $1,000,000 and deeded all his property to herself as a life estate remainderman. The lawsuit filed by Sanders alleged power of attorney embezzlement, POA misappropriation, POA misuse of funds, and breach of fiduciary duty. Mr. Sanders and co-counsel, Bryan Thompson, worked...